Arlo stock falls after 3% drop in quarterly revenue
Arlo Technologies Inc.’s stock dropped more than 3% in the extended session Thursday after the maker of security cameras, video doorbells, and other...
Source: marketwatch.com
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Arlo Technologies stock rallies after narrower Q1 loss
Arlo Technologies stock rallies after narrower Q1 loss Shares of Arlo Technologies Inc. jumped 10% in the extended session Wednesday after the maker of home security cameras and other equipment reported a narrower-than-expected first-quarter loss and sales topped forecasts. Arlo said it lost $10.7 million, or 13 cents a share, in the quarter, compared with a loss of $15.2 million, or 19 cents a share, in the year-ago quarter. Adjusted for one-time items, Arlo lost 3 cents a share, compared with 8 cents a share a year ago. Sales rose 26% to $82.6 million, Arlo said. Analysts polled by FactSet ...
Source: forextv.com